Houston oil field services co. files for bankruptcy
The company has already sold off its U.S. assets, but pending litigation has pushed it into the courts.
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Building "Bridges" Across the Bayou City!
The company has already sold off its U.S. assets, but pending litigation has pushed it into the courts.
Read MoreAn investor group plans to challenge a financing package that luxury retailer Neiman Marcus has lined up for its looming bankruptcy and will push the Dallas-based company to sell itself, Reuters reported April 26.
The report said that Neiman is prepa…
Read MoreThe company is seeking new agreements with landlords and movie studios.
Read MoreBoth the layoffs and the bankruptcy are in response to the harsh oil price environment.
Read MoreNeiman Marcus is expected to file for bankruptcy as soon as Sunday, April 26, in an effort to restructure and offload more than $4 billion in debt, according to a new report.
Sources told CNBC Friday, April 24, that the Dallas-based luxury retailer is…
Read MoreDallas-based Neiman Marcus is preparing to seek bankruptcy protection as soon as this week, Reuters reported Sunday, April 19.
Neiman would become the first major U.S. department store operator to succumb to the economic fallout from the COVID-19 pan…
Read MoreThe company is bringing $28.27 million in debt to the court.
Read MoreOil price have plunged downward since the original agreement.
Read MoreThe company has submitted a new plan in which it can only partially cover the cost of its own lawyers and post-petition financing. Its pre-petition creditors will be left with nothing.
Read MoreIt was WWE CEO Vince McMahon’s second attempt at a professional football league.
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